IRS Releases Research Tax Credit “Guide”

The IRS has issued a new Research Credit Audit Techniques Guide.  The “guide” essentially provides IRS auditors with instructions on how to deny research tax credits.  As with many other audit “guides” that are authored by the IRS, this “guide” provides a very slanted and one-sided view of the law.  It looks like taxpayers are going to continue to have to deal with an aggressive IRS if they opt to claim research tax credits that they are entitled to.